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Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending

Chief Executive Brian Moynihan is ‘not worried’ about competition from proposed credit-card merger but admits ‘concern’ over regional banks’ exposure to.

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Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending

Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending
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US Banks Report Mixed Results, See Consumers As Still Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last years crisis involving midsized lenders

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